What happens when a customer presses on "Forgot your password?"

When a customer presses on "Forgot your password?" link, Event #61 "Password reminder requested" is launched, with its default action "Person notification". The notification itself is editable like all other notifications of other events:

Hello, @@person.name@.<br>
You've ordered a password reset from @@provider.server_name@<br>
The authorization code to change your password is<br>
"@@person.auth_code@" (without quotes).
<p>
To set a new password, visit this URL:
<p>
@@person.pwd_reset_url@
<p>
If you follow the URL, your email and authorization code<br>
will be entered automatically for you.